Floyd Financial Group LLC Has $4.82 Million Stock Holdings in Amazon.com, Inc. $AMZN

Floyd Financial Group LLC grew its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,593 shares of the e-commerce giant’s stock after buying an additional 178 shares during the period. Amazon.com makes up 4.5% of Floyd Financial Group LLC’s investment portfolio, making the stock its 8th largest holding. Floyd Financial Group LLC’s holdings in Amazon.com were worth $4,824,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Carderock Capital Management Inc. bought a new position in shares of Amazon.com in the second quarter valued at $27,000. Cooksen Wealth LLC bought a new position in Amazon.com in the 1st quarter valued at about $36,000. Inlight Wealth Management LLC bought a new stake in Amazon.com during the 1st quarter worth approximately $40,000. Capitol Family Office Inc. purchased a new stake in shares of Amazon.com in the first quarter worth approximately $42,000. Finally, Maryland Capital Advisors Inc. raised its stake in shares of Amazon.com by 81.9% in the second quarter. Maryland Capital Advisors Inc. now owns 211 shares of the e-commerce giant’s stock worth $46,000 after purchasing an additional 95 shares during the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on AMZN shares. Wedbush reaffirmed an “outperform” rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, September 19th. Piper Sandler increased their target price on shares of Amazon.com from $250.00 to $255.00 and gave the company an “overweight” rating in a report on Friday, August 1st. BNP Paribas raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 27th. Wells Fargo & Company upgraded shares of Amazon.com from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $245.00 to $280.00 in a report on Wednesday, September 24th. Finally, UBS Group reaffirmed a “buy” rating and set a $271.00 price target (up from $249.00) on shares of Amazon.com in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Buy” and an average price target of $266.26.

Insider Activity

In related news, CEO Andrew R. Jassy sold 19,872 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $221.58, for a total transaction of $4,403,237.76. Following the transaction, the chief executive officer directly owned 2,178,502 shares of the company’s stock, valued at approximately $482,712,473.16. This trade represents a 0.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Jeffrey P. Bezos sold 4,273,237 shares of the company’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $224.81, for a total value of $960,666,409.97. Following the completion of the sale, the insider directly owned 897,722,088 shares of the company’s stock, valued at approximately $201,816,902,603.28. This represents a 0.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,798,540 shares of company stock worth $4,273,477,287 over the last quarter. Corporate insiders own 10.80% of the company’s stock.

Amazon.com Stock Performance

Amazon.com stock opened at $219.51 on Monday. The firm’s fifty day moving average price is $226.55 and its 200-day moving average price is $211.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.81 and a current ratio of 1.02. The stock has a market cap of $2.34 trillion, a P/E ratio of 33.46, a price-to-earnings-growth ratio of 1.47 and a beta of 1.28. Amazon.com, Inc. has a fifty-two week low of $161.38 and a fifty-two week high of $242.52.

Amazon.com (NASDAQ:AMZN) last announced its earnings results on Thursday, July 31st. The e-commerce giant reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.37. Amazon.com had a net margin of 10.54% and a return on equity of 23.84%. The company had revenue of $167.70 billion during the quarter, compared to analyst estimates of $161.80 billion. During the same period in the previous year, the business earned $1.26 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Amazon.com has set its Q3 2025 guidance at EPS. On average, equities research analysts expect that Amazon.com, Inc. will post 6.31 earnings per share for the current fiscal year.

About Amazon.com

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.